Through the first two months of the year, Canada’s rig count has shown a moderate improvement over 2019 in terms of the absolute number of active rigs. According to Baker Hughes data, the highest rig count in the two-month period was 257 compared to 243 in 2019. During the first week of January, 85 rigs were working compared to 76 at the same time last year. According to the Canadian Association of Oilwell Drilling......
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